Ocasio-Cortez and Sanders rally in Durham, New Hampshire, on Feb. 10. Photo: Joseph Prezioso/AFP via Getty Images

Rep. Alexandria Ocasio-Cortez (D-N.Y.) conceded Thursday that Sen. Bernie Sanders' signature Medicare for All proposal would face congressional roadblocks if he was elected president, telling HuffPost: “A president can’t wave a magic wand and pass any legislation they want."

Why it matters: Ocasio-Cortez is a vocal proponent of Medicare for All and one of Sanders' highest-profile surrogates. She told HuffPost: "The worst-case scenario? We compromise deeply and we end up getting a public option. Is that a nightmare? I don’t think so."

  • More moderate 2020 candidates like Pete Buttigieg have faced criticism from the left on their health care proposals, despite endorsing a public option. Buttigieg has framed his "Medicare for All Who Want It" as a more practical pathway to Medicare for All.
  • Ocasio-Cortez argued that even if Medicare for All is unrealistic in Sanders' first term, having an ambitious progressive platform is still important to help push the party further left.

Where it stands: Out of the 2020 Democratic candidates, only Sanders and Elizabeth Warren support Medicare for All.

  • All other 2020 Democrats support plans that allow Americans to keep private insurance unless they want to choose coverage from a public plan.
  • The health care industry, particularly hospitals, opposes a public option almost as fiercely as it opposes single-payer — and would fight it in Congress with just as much help from Republicans, according to Axios' Sam Baker.

Go deeper: Democrats like both Medicare for All and a public option

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Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.